Proshares Sp Technology Etf Analysis
| TDV Etf | USD 77.22 0.61 0.78% |
ProShares SP Technology is fairly valued with Real Value of 76.82 and Hype Value of 77.22. The main objective of ProShares etf analysis is to determine its intrinsic value, which is an estimate of what ProShares SP Technology is worth, separate from its market price. There are two main types of ProShares Etf analysis: fundamental analysis and technical analysis.
The ProShares etf is traded in the USA on BATS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
ProShares |
ProShares Etf Analysis Notes
ProShares is is formed as Regulated Investment Company in the United States. ETF is managed and operated by JPMorgan Chase Bank, N.A.. The fund has 36 constituents across multiple sectors and instustries. The fund charges 0.45 percent management fee with a total expences of 0.45 percent of total asset. The fund generated five year return of 16.0%. ProShares SP Technology maintains 99.94% of assets in stocks. This fund last dividend was 0.141 per share. The index, constructed and maintained by SP Dow Jones Indices LLC, targets companies from the U.S. technology sector and select U.S. technology-related companies from the communication services and consumer discretionary sectors. SP Technology is traded on BATS Exchange in the United States. To find out more about ProShares SP Technology contact the company at NA.Sector Exposure
ProShares SP Technology constituents include assets from different sectors. As a result, investing in ProShares lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in ProShares because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among ProShares' constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
ProShares SP Technology Investment Alerts
ProShares Thematic Classifications
In addition to having ProShares etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Size And Style ETFsUSA ETFs from Size And Style clasification | |
| Large Cap ETFsUSA ETFs from Large Cap clasification |
Management Efficiency
ProShares' management efficiency ratios could be used to measure how well ProShares manages its routine affairs as well as how well it operates its assets and liabilities.Management at ProShares SP Technology focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Returns 3 Y 8.52 | Returns 5 Y 15.67 | Returns 1 Y 20.69 | Total Assets 264.8 M | Yield 1.2 |
Top ProShares SP Technology Etf Constituents
| NTAP | NetApp Inc | Stock | |
| KLAC | KLA Tencor | Stock | |
| CASS | Cass Information Systems | Stock | |
| MSFT | Microsoft | Stock | |
| ADI | Analog Devices | Stock | |
| ACN | Accenture plc | Stock | |
| AVT | Avnet Inc | Stock | |
| AVGO | Broadcom | Stock | |
| BAH | Booz Allen Hamilton | Stock | |
| PETS | PetMed Express | Stock | |
| AAPL | Apple Inc | Stock | |
| ORCL | Oracle | Stock | |
| MA | Mastercard | Stock | |
| POWI | Power Integrations | Stock | |
| JKHY | Jack Henry Associates | Stock | |
| PAYX | Paychex | Stock | |
| NATI | National Instruments | Stock | |
| APH | Amphenol | Stock | |
| ADP | Automatic Data Processing | Stock | |
| GLW | Corning Incorporated | Stock | |
| BMI | Badger Meter | Stock | |
| MSI | Motorola Solutions | Stock | |
| EXPE | Expedia Group | Stock | |
| LFUS | Littelfuse | Stock | |
| TEL | TE Connectivity | Stock | |
| HPE | Hewlett Packard Enterprise | Stock |
Technical Drivers
As of the 28th of November, ProShares holds the Semi Deviation of 1.06, risk adjusted performance of 0.044, and Coefficient Of Variation of 1855.52. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProShares, as well as the relationship between them. Please check ProShares SP Technology variance and potential upside to decide if ProShares SP Technology is priced some-what accurately, providing market reflects its current price of 77.22 per share.ProShares SP Technology Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ProShares middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ProShares SP Technology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ProShares Outstanding Bonds
ProShares issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProShares SP Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProShares bonds can be classified according to their maturity, which is the date when ProShares SP Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US74348YAV39 Corp BondUS74348YAV39 | View |
ProShares Predictive Daily Indicators
ProShares intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProShares etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ProShares Forecast Models
ProShares' time-series forecasting models are one of many ProShares' etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProShares' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ProShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how ProShares prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ProShares. By using and applying ProShares Etf analysis, traders can create a robust methodology for identifying ProShares entry and exit points for their positions.
The index, constructed and maintained by SP Dow Jones Indices LLC, targets companies from the U.S. technology sector and select U.S. technology-related companies from the communication services and consumer discretionary sectors. SP Technology is traded on BATS Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ProShares to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares SP Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ProShares SP Technology is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares' value that differs from its market value or its book value, called intrinsic value, which is ProShares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares' market value can be influenced by many factors that don't directly affect ProShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.